Bank of New York Mellon Corp Sells 260,891 Shares of iShares Flexible Income Active ETF $BINC

Bank of New York Mellon Corp cut its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 17.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,221,559 shares of the company’s stock after selling 260,891 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Flexible Income Active ETF were worth $63,436,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BINC. Elyxium Wealth LLC acquired a new stake in shares of iShares Flexible Income Active ETF during the fourth quarter worth approximately $25,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares Flexible Income Active ETF in the 4th quarter worth approximately $30,000. Canton Hathaway LLC bought a new stake in iShares Flexible Income Active ETF during the 4th quarter worth approximately $32,000. Curio Wealth LLC grew its position in iShares Flexible Income Active ETF by 577.0% during the 4th quarter. Curio Wealth LLC now owns 677 shares of the company’s stock worth $36,000 after acquiring an additional 577 shares during the last quarter. Finally, Proathlete Wealth Management LLC acquired a new stake in iShares Flexible Income Active ETF during the 4th quarter valued at $40,000.

iShares Flexible Income Active ETF Stock Down 0.2%

BINC stock opened at $51.96 on Thursday. The business has a fifty day moving average price of $52.18 and a 200 day moving average price of $52.44. iShares Flexible Income Active ETF has a fifty-two week low of $51.60 and a fifty-two week high of $53.51.

About iShares Flexible Income Active ETF

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation. BINC was launched on May 19, 2023 and is managed by BlackRock.